A record total of 1,426 people made the 2013 list, representing $5.4 trillion of assets. The list also featured a record number of newcomers, 210, top 5 richest people in the world representing 42 countries. 60 people from the 2012 list fell below a billion dollars of assets in 2013, and eight others from the 2012 list died.

By clicking “TRY IT”, I agree to receive newsletters and promotions from Money and its partners. I agree to Money’s Terms of Use and Privacy Notice and consent to the processing of my personal information. Pet Insurance Best Pet Insurance Companies Get transparent information on what to expect with each pet insurance company. The foundation supports global health initiatives around the world, including improving global sanitation and working to eradicate diseases such as Malaria and Aids. The couple have five children, with four of them – Frédéric, Delphine, Antoine and Alexandre, working in the family business. He broke into the industry in 1985 after using $15 million from his father’s business to buy Christian Dior. LVMH CEO Bernard Arnault lost around $4.06 billion of net worth, followed by Microsoft founder Bill Gates whose fortune dropped by a cool $2.8 billion.

Billionaires by Country

It also has interests in sugar, salt, oil, fertiliser and packaged food. The following table lists the richest Americans by their net worth and the industry in which they earned their fortune. Based onForbes’list of the world’s billionaires, here’s the top 10 richest individuals who dropped out of school or never attended college.

The two met as high school students at a summer program at Cornell University and then eventually went on to start up their business in 2002. In 2021, https://www.bookstime.com/ billionaires saw the steepest increase in their share of wealth on record, according to The World Inequality Lab’s annual World Inequality Report.

Jeff Bezos

The retailer, which now offers more than 18 million products, generated $14 billion in net revenue in 2020, up 55% from the previous year, Forbes reported. Still, wealth inequality has risen in most countries since the 1980s, coinciding with a period of governmental deregulation, said the report. Already a controlling shareholder in the French luxury goods company that owns Louis Vuitton, Arnault recently spent $538 million to further invest in the burgeoning LVMH stock.

• One of the richest women in the world — and the richest on this list — Bettencourt Meyers, together with her family, owns 33% of the cosmetics company L’Oreal.
• There are only 18 countries that have a GDP that is greater than 1 trillion dollars.
• The top 1% have grabbed 38% of all additional wealth accumulated since the mid-1990s, while the bottom 50% captured just 2% of it, the report found.
• According to Forbes editor Kerry Dolan, “media and technology billionaires definitely benefited from a stronger stock market and a growing enthusiasm for all things social” since the 2010 list.
• A record 1,210 billionaires made the 2011 list, representing a combined wealth of $4.5 trillion, up from $3.6 trillion the previous year.
• Aliko Dangote owns sub-Saharan Africa’s biggest cement producer, Dangote Cement, which had revenue of 891.7 billion Naira ($2.5 billion) in 2019.

This shows the importance of social states in the fight against poverty.”, said Lucas Chancel, the report’s lead author. At the same time, inequality has also grown, particularly in countries without strong social welfare nets.

The World’s Wealthiest People (September 11,

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Ballmer lived in the same dorm and on the same floor as Bill Gates while the two attended Harvard University.

• He owns the island of Lanai, which he purchased in 2012 for $300 million.
• The United States had the greatest number of billionaires with 425.
• You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy.
• In 1994, his company was granted approval to develop a harbor facility at Mundra Port, which is now the largest private port in India.
• Ranked #329 on the list is Egypt’s richest person, Nassef Sawiris.
• Brin was the president of Google’s parent company, Alphabet Inc, until stepping down from the role on December 3, 2019.

Kirsten Rohrs Schmitt is an accomplished professional editor, writer, proofreader, and fact-checker. She has expertise in finance, investing, real estate, and world history. Kirsten is also the founder and director of Your Best Edit; find her on LinkedIn and Facebook. The Newton, Mass resident bought a small Boston shoemaker in 1972 and turned it into what is now known as New Balance, worth $3.6 billion in sales.

Top 10 Sub-Saharan African countries with the fastest download speed

As of September 26, 2022, Robert &Philip Ng was the wealthiest man in Singapore, with an estimated net worth of… As of September 26, 2022, Andrey Melnichenko was the wealthiest man in Russia, with an estimated net worth of 26.5 billion… As of September 26, 2022, Andreas Halvorsen was the wealthiest man in Norway, with an estimated net worth of 6.6 billion…

In addition to his 25% stake in Tesla, Musk owns several other revolutionary businesses including SpaceX, Neuralink and The Boring Company. Following on from his multiple successes, he is currently in a deal to purchase the social media giant, Twitter in an all-cash transaction expected to be worth $44 billion.

Bernard Arnault & family (France)

China had 319 , Germany had 114, and India had the fourth most with 101; India reached over 100 billionaires for its first time. Ballmer owns an estimated 4% of Microsoft, making him the software giant’s largest individual shareholder. In 2014, shortly after stepping down as Microsoft CEO, Ballmer purchased the Los Angeles Clippers basketball team for $2 billion. Long known for extravagant spending, Ellison has invested heavily in luxury real estate over the last decade.

In contrast, Meta Platforms founder and CEO Mark Zuckerberg fell out of the top 10 in February 2022, when the company’s share price plunged after a disappointing earnings report. Zuckerberg’s net worth was reported to be $59.7 billion in September 2022. Multi-billionaires can also take advantage of a panoply of tax deductions to offset reported income, leaving some on this list paying no income tax in recent years. Mergers and Acquisitions are the daily staples of Financial news currently in Nepal. Kraft bought the New England Patriots for $172 million in 1994 and now the team is worth about $5 billion and has won six Super Bowl rings, according to Forbes. Forbes also stated that Kraft pledged $20 million in 2019 to fight hate crimes and antisemitism in the wake of the Tree of Life shooting in 2018.

Wealthiest People in Russia (September 26,

Through Remgro, Rupert controls investments in the financial, healthcare, consumer products, industrial, infrastructure, media, and sports industries. The Bellevue, Switzerland-based company’s brands include Jaeger-LeCoultre and Cartier. As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world’s 500 wealthiest people. As of the time of writing, the Nigerian billionaire businessman is ranked 64th on the global billionaires’ index. In recent billionaire news, Gautam Adani’s wealth has been soaring, most recently hitting the $145 billion mark, making him the third-richest person in the world according to Bloomberg’s Billionaire Index. Patagonia founder, Yvon Chouinard, recently transferred ownership of his company to an organization that fights climate change.